Alexis Ohanian, co-founder of Reddit, has purchased a 10% stake in Chelsea Women's Football Club for £20 million. He aims to align the team's outstanding talent with necessary resources and respect. Ohanian expressed his commitment to women's sports through this investment, highlighting Chelsea's successful season and aspirations for a domestic treble. He praised the club's CEO, Aki Mandhar, for her leadership. The investment values the women's club at £200 million, ensuring it meets necessary financial standards while also emphasizing the need for increased visibility and support for women's sports.
I've bet big on women's sports before and I'm doing it again. I'm honoured for the chance to help this iconic club become every American's favourite WSL team.
These players are rewriting the game. Undefeated season. Eyes on the treble. But this isn't just about winning titles. It's about finally matching their talent with the resources, visibility and respect they deserve.
Her integrity and focus on a standard of excellence were a huge factor in why this was such a hell yes'-type investment.
That investment values the women's arm of the club at 200m, the same valuation that was given when the club's parent company sold the women's club to a related company.
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